YADEA (01585) released its annual performance, with a net profit attributable to shareholders of 2.912 billion yuan, an increase of 128.8% year-on-year.

YADEA (01585) released its annual performance for the year ending December 31, 2025, with revenue of 37.008 billion yuan (RMB, same below), an increase of approximately 31.1% year-on-year; net profit attributable to shareholders was 2.912 billion yuan, an increase of 128.8% year-on-year; basic earnings per share were 95.8 cents; proposed final dividend of 0.53 Hong Kong cents per share. The announcement stated that driven by its long-term vision and commitment to excellence in operations, Yadea achieved strong performance in 2025. The revenue growth was mainly driven by favorable market sentiment and increased demand driven by government policies, continuous optimization of the Group's product portfolio, and positive effects of increased investment in research and development, marketing, and brand-building initiatives. The total sales volume of electric scooters and electric bicycles increased from approximately 13 million units in 2024 to about 16.3 million units in 2025. In 2025, driven by the implementation of new national standards and constantly changing consumer preferences, the electric two-wheeler industry in China continued to undergo technological upgrades and reshaping of the market landscape. The industry in China is transitioning from functional transportation tools to intelligent, design-oriented, and lifestyle-oriented travel products. Young consumers are gradually becoming the core customer group, driving the upgrade of product aesthetics, smart connectivity, and personalized riding experiences. To address these market trends, Yadea has implemented a series of strategic initiatives aimed at strengthening its core business, consolidating its market leadership position, and promoting sustainable long-term growth. In 2025, technological innovation remains at the core of Yadea's strategy. The Group continues to invest in research and development, prioritizing new product innovation and advanced technology in core components to meet evolving consumer preferences and ensure compliance with new national standards.